The mining newspaper for Alaska and Canada's North

Articles from the December 17, 2017 edition

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  • Willie Hensley joins Trilogy board

    Updated Jan 25, 2018

    Trilogy Metals Inc. Dec. 11 announced the appointment of renowned Alaska Native leader William Iggiagruk Hensley to its board of directors. Born in Kotzebue, Northwest Alaska, Hensley was a key player in the settlement of Alaska's Native claims with the United States government. He attended the University of Alaska in Fairbanks and graduated with a degree in Political Science from George Washington University in Washington, DC. While attending graduate school in Fairbanks,...

  • Saddle excitement grows with porphyry discovery

    Updated Jan 15, 2018

    GT Gold Corp. has discovered more high-grade gold plus porphyry copper-gold-silver mineralization at Saddle North, a target about 500 meters north of the high-grade Saddle South gold discovery on the company's Tatogga property in northwestern British Columbia. High-grade vein-hosted gold was intersected in two holes, TTD057 and TTD063, drilled near the west end of the Saddle North trend. TTD057 cut 2.58 meters averaging 13.55 grams per metric ton gold starting at a depth of 240 meters; TTD063 cut 0.6 meters averaging 7.59...

  • Colorado discovers new gold-copper zone at KSP

    Updated Jan 13, 2018

    Colorado Resources Ltd. Dec. 6 reported the final batch of results from the 2017 drill program at its KSP gold-copper property in northwestern British Columbia. This includes the results from 11 holes drilled at Tami, a discovery zone about 5,000 meters southeast of Inel-Khyber, the primary target of the 2017 drill program. Highlights from the drilling at Tami include 13.6 meters averaging 2.37 grams per metric ton gold and 0.16 percent copper from a depth of 15.4 meters in...

  • Sojourn narrows drill targets at GT projects

    Updated Jan 13, 2018

    Sojourn Exploration Inc. Dec. 7 said its initial exploration at the Oweegee Dome project in northwestern B.C. has identified multi-element stream sediment and soil anomalies associated with several historical volcanogenic massive sulfide and porphyry geophysical targets on the property. Oweegee is one of two Golden Triangle properties Sojourn optioned from Millrock Resources Inc. in August. This year’s sampling program was recommended by Millrock as a logical follow-up to airborne geophysical survey and data compilation it co...

  • UG Drill results confirm historical results at Snip

    Updated Jan 13, 2018

    Skeena Resources Ltd. said the results from the first 17 underground holes drilled this year at the past producing Snip Mine tapped high-grade gold and bolster the company's confidence in the decades-old drill data for this historic operation in northwestern British Columbia. The best intercept so far came in hole UG17-013, which cut 1.5 meters averaging 341 grams per metric ton gold. This intersection is 15 meters down-dip of the historically mined 150 Vein stope and matches...

  • Auryn eyes development of gold-silver mine in BC

    Updated Jan 13, 2018

    Auryn Resources Inc. Dec. 12 reported that this summer's drill program has identified the plunge of the high-grade South Reef zone at its Homestake Ridge gold-silver epithermal project in the Golden Triangle region of northwestern British Columbia. Highlights include 30 meters of 2 grams per metric ton gold; 10 meters of 4.12 g/t gold; 18 meters of 1.29 g/t gold; 8 meters of 2.67 g/t gold; and 14 meters of 1.23 g/t gold. Auryn said these results identified the geometry of the...

  • Newmont takes helm at Plateau gold project, YU

    Shane Lasley|Updated Jan 13, 2018

    Goldstrike Resources Ltd. Dec. 11 reported that Newmont Mining Corp. plans to complete up to 10,000 meters of drilling during the 2018 program at the Plateau gold property in the Yukon. In March, Newmont cut a C$53 million deal to earn up to a 75 percent stake in the expansive and gold-rich Plateau property by paying Goldstrike C$8 million and investing C$38.8 million to explore the gold property over the next decade. The agreement included a C$6 million private placement...

  • Fall drilling expands Shumagin

    Updated Jan 13, 2018

    Redstar Gold Corp. Dec. 11 reported that all 13 holes drilled during the 2017 fall exploration program at its Unga gold project on the Alaska Peninsula cut gold and silver. Most of this drilling, 11 holes, tested the Shumagin Gold zone, expanding this epithermal gold structure to 1,750 meters. The Shumagin Gold zone has four main areas of mineralization on the basis of location and geology - SW Extension, Main Breccia, Bunker Hill and East Zone. The fall drill program tested a 750-meter area surrounding Bunker Hill and along...

  • Expanding Fort Knox

    Shane Lasley, Mining News|Updated Jan 10, 2018

    The mill at Fort Knox Mine in Interior Alaska will likely be churning out gold for several more years, thanks to Kinross Gold Corp. gaining mineral rights to the Gilmore land parcel immediately west of the current open-pit. The long-lived gold mine was beginning to get to the end of its reserves, especially those of high enough grade to support keeping the mill in operation. This was not good news for the some 900 direct and contract workers who take home healthy paychecks...